Target to Continue Canadian Expansion in 2014

Retailer announces nine new stores will be added this year

MISSISSAUGA • January 29, 2014

Target announced today that it will continue its Canadian expansion in 2014 by adding another nine store locations to the 124 Target stores now open in all ten provinces. The majority of the new stores will open in Ontario, with single store additions planned for Quebec, Manitoba, Alberta and B.C.

“The past year marked a major milestone for Target as we delivered on the unprecedented goal of opening 124 Target stores across ten provinces in 2013,” said Tony Fisher, president, Target Canada. “As we head into 2014, we will continue to enhance the guest experience at all stores, while continuing to expand our presence in new Canadian neighbourhoods.”

The new Target stores that will open in 2014 include:

Spring 2014:

The Stockyards, Toronto, Ontario

Kingsway Mall, Edmonton, Alberta

Hillside Centre, Victoria, British Columbia

Summer 2014

Erin Mills Town Centre, Mississauga, Ontario

Park Place, Barrie, Ontario

Carrefour Candiac, Candiac, Quebec

Fall 2014:

St. Laurent, Ottawa, Ontario

Sheridan Centre, Mississauga, Ontario

Polo Park, Winnipeg, Manitoba

Target provides Canadian guests with a one-stop shopping destination for stylish, quality products at unbeatable prices, including beauty, apparel and accessories, home, grocery, personal care and more. Each store carries an extensive range of Target owned and exclusive brands, including C9 by Champion, Circo, Cherokee, Merona, Mossimo Supply Co., Mossimo Black, Xhiliration, Thershold, Room Essentials, Pixi, Archer Farms, Market Pantry and up & up; exclusive, limited time collaborations and ongoing collaborations such as the Nate Berkus Collection, the Sonia Kashuk Collection, Liz Lange Maternity for Target and Giada De Laurentiis for Target. Target also offers local products specific to each market, including the Aliments du Quebec product offering in Quebec.

Target Canada is proud to employ an average of 150 team members at each of its Canadian locations, including the nine additional stores announced today. For more information on store locations, please visit target.ca.

About Target

Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,921 stores – 1,797 in the United States and 124 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/corporateresponsibility.